Dividends will continue to be declared in euros and paid in euros, pounds sterling and US dollars, aligning the Vodafone Group's shareholder returns with the primary currency in which they generate free cash flow. The foreign exchange rate at which future dividends declared in euros will be converted into pounds sterling and US dollars will be calculated based on the average World Markets Company benchmark rates over the five business days during the week prior to the payment of the dividend.
The Board has announced an interim dividend per share of 4.50 eurocents (H1 FY21: 4.50 eurocents). The ex-dividend date for the interim dividend is 25 November 2021 for ordinary shareholders, the record date is 26 November 2021 and the dividend is payable on 4 February 2022. Dividend payments on ordinary shares will be paid directly into a nominated bank or building society account.
Other financial highlights include:
Group revenue increased by 5.0% to €22.5 billion, mainly driven by service revenue growth in Europe and Africa
FY22 Adjusted EBITDAaL guidance narrowed to top end of range €15.2 - €15.4 billion (from €15.0 - €15.4 billion), and Adjusted free cash flow upgraded to at least €5.3 billion (from at least €5.2 billion)